Turn tedious contract work into strategic advantage with purpose-built AI
Highlights
- CoCounsel Legal streamlines complex contract work for commercial attorneys, reducing inefficiencies and surfacing critical risks early.
- Purpose-built AI workflows enable faster drafting, review, compliance checks, and strategic analysis, driving measurable productivity and revenue gains.
- Exclusive integration with Westlaw and Practical Law content provide better accuracy and reliability than generic AI tools.
Complex deals move fast – and the details that derail them rarely announce themselves. Buried risk in representations and warranties, inconsistent clause language, multi-state compliance gaps: the pressure to close can make it easy to miss what matters most.
CoCounsel Legal helps commercial attorneys cut through that complexity. Analyze multiple contracts simultaneously, extract key insights faster, surface issues earlier, and move from redline to finalized agreement with confidence – grounded in Westlaw and Practical Law content at every step.
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The hidden cost of contract inefficiencies
CoCounsel Legal for complex deal work
Measurable transformation: the CoCounsel Legal advantage in action
The competitive advantage: Why CoCounsel Legal outperforms generic AI
Experience the CoCounsel Legal advantage in your practice
The hidden cost of contract inefficiencies
Inefficient contract management costs organizations up to 40% of their deal value. This value erosion stems from time-consuming manual contract review processes, lengthy due diligence reviews, complex multi-party negotiations, and the constant search for appropriate precedents and templates.
That inefficiency can be attributed to the fact that commercial attorneys bill only 2.3 hours per day out of an 8-hour workday, with the remainder consumed by administrative tasks, document management, and coordination with multiple stakeholders. With worked rates climbing beyond 7% in 2025, these operational inefficiencies create mounting pressure on commercial attorneys to find more efficient ways to deliver value while managing the increasing demands of complex transactions.
Law firms are responding to these pressures with 9.7% growth in technology spending, recognizing that manual contract review processes cannot support the speed and precision that today’s commercial transactions demand. The challenge lies in finding solutions that actually address workflow inefficiencies rather than simply adding more complexity to an already demanding practice environment.
CoCounsel Legal for complex deal work
CoCounsel Legal represents the most advanced single AI solution purpose-built to minimize tedious transactional work and due diligence tasks, enabling commercial attorneys to focus on strategic development and high-value client advisory work. Built on a secure system comprising exclusive Practical Law guidance and templates, authoritative Westlaw content, and expert-trained workflows, CoCounsel Legal transforms commercial law practice.
CoCounsel Legal streamlines drafting, document review and comparison, and jurisdiction-specific analysis assisting attorneys with initial strategy through to final deal execution. Commercial attorneys can:
- Access documents directly from their document management systems (SharePoint, OneDrive, NetDocuments, iManage, and HighQ) and pull them into Microsoft Word, eliminating time wasted searching for precedents.
- Customize agreements according to deal specifications by instantly updating terms (parties, entity type, payments, dates) and modify documents instantly with one query.
- Benchmark precedent agreements against firm or Practical Law playbooks using deviation detection to generate redlines that align agreements with client positions.
- Run comprehensive compliance checks – review multiple documents against policies and receive redline edits in minutes.
- Conduct favorability analysis to assess whether contract clauses favor one party over another, enabling more strategic negotiations.
From identifying the right starting point to bulk document review, policy analysis, favorability assessment, and final compliance checks – CoCounsel Legal supports the full transaction workflow, where you work. Commercial attorneys can move faster at every stage, with the confidence that nothing has been missed and every stakeholder deliverable is built on solid ground.
Measurable transformation: the CoCounsel Legal advantage in action
When commercial attorneys implement CoCounsel Legal, the results speak for themselves through concrete efficiency gains and enhanced practice capabilities that directly impact the bottom line.
Productivity gains: Legal professionals experience a 63% reduction in time spent on contract drafting and review, transforming what traditionally takes days into hours of focused work. This efficiency translates to 240 hours of recovered time annually per attorney, creating substantial capacity for higher-value client work and business development.
Revenue impact: At standard billing rates, these time savings represent $60,000 in additional billable hour potential annually, even accounting for realization rates. As worked rates continue climbing beyond 7% growth in 2025, this efficiency directly enhances profitability while improving client service delivery.
Strategic business development: CoCounsel Legal minimizes tedious transactional and compliance tasks, empowering commercial attorneys to focus on strategic business development. Attorneys can confidently pursue new deal types, expand into emerging markets, and dedicate more time to high-value client advisory work that drives firm growth.
CoCounsel also makes it easier to pitch for and win new client work. You can get information about some of the issues the client might want to look at quickly so you can engage with them about the substance of the matter and navigate your way into a meaningful conversation much faster than would otherwise have been the case. It’s good to be able to impress clients early on with minimal time input. Clients also are attracted to the idea that we’re a progressive practice.
Managing Partner, Primas Law
Enhanced analysis quality: CoCounsel Legal delivers faster, more accurate contract review using trusted Westlaw and Practical Law content. Extract critical terms from multiple agreements with Tabular Analysis, conduct favorability analysis for strategic negotiations, and tackle complex research with Deep Research.
Deep Research stands out for its ability to reason through legal questions rather than simply return search results. When faced with a complex issue, it can generate a research plan, explain its logic, and deliver a structured report. This level of transparency is essential to maintaining the oversight and trust lawyers need to confidently adopt AI in practice.
Chief AI & KM Officer
The competitive advantage: Why CoCounsel Legal outperforms generic AI
Generic AI tools promise everything but deliver uncertainty when commercial attorneys need reliability. CoCounsel Legal eliminates this risk through purpose-built design exclusively for legal professionals, leveraging Thomson Reuters’ authoritative content and expert guidance rather than unverified sources.
CoCounsel Legal’s workflows are designed and trained by legal experts specifically for legal work. Generic AI provides basic chat responses that require extensive manual review and organization to be useful.
Experience the CoCounsel Legal advantage in your practice
Commercial law demands precision, speed, and strategic thinking, while traditional manual processes trap attorneys in time-consuming work that prevents them from capturing the full value of each deal or transaction. Now, forward-thinking firms are leveraging legal AI to handle routine tasks while their attorneys focus on high-value strategic work.
Discover how CoCounsel Legal can help you recapture the substantial deal value that traditional manual contract processes leave behind.
CoCounsel Legal
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